Looking to Launch Your Big Idea? SEED SPOT Is Recruiting Impact-Driven Entrepreneurs

Aug 15, 2018 10:00 AM ET

WASHINGTON, DC: According to a study conducted by CB Insights on 100+ startup failures, the top reason startups fail is because there is no market need for their solution. Simply put, the team hasn’t conducted sufficient customer discovery or market validation to attract customers for their product or service. To prevent early-stage entrepreneurs from falling into this trap, SEED SPOT and Booz Allen have partnered to run a 2-Day Launch Camp on September 12-13 at Booz Allen’s Innovation Center.

SEED SPOT’s 2-Day Launch Camp empowers impact-driven entrepreneurs to create market-based solutions for local, national, and global issues. In just 48 action-packed hours, problem-solvers will connect with mentors, content experts, and a proprietary social impact curriculum that guides them from idea exploration to formulating a pitch that is presented to a live audience of fellow entrepreneurs, startup ecosystem builders, and potential investors.

After pitching, each entrepreneur is inducted into SEED SPOT’s alumni network, receiving access to a breadth of resources that encourage their momentum post-program. Entrepreneurs are matched with industry experts in SEED SPOT’s National Mentor Program for consistent check-ins that cover setting objectives, goal tracking, and long-term strategy planning. Other resources include discounted marketing and branding support, pro bono legal services, cloud computing credits, and much more.

SEED SPOT is a social impact incubator with locations in Phoenix, AZ and Washington, DC that has empowered the launch of 421 entrepreneurs over the past five years. Committed to creating onramps for traditionally underserved entrepreneurs, 49 percent of SEED SPOT’s alumni are female founders and 45 percent are minority founders. These impressive entrepreneurs have raised over $10 million in capital, created 1,050 new jobs, and positively impacted the lives of 2.2 million people nationwide.

Previous Washington, DC alumni include: The Mentor Method, a social venture committed to matching corporate clients with diverse tech talent; imby, a platform enabling the citizens of four DC neighborhoods to voice their opinions in local real estate development; and Mia Learning, a chatbot that is helping children make powerful choices about reading.

Applications are now open for the first 2-Day Launch Camp running on September 12-13 at Booz Allen’s Innovation Center in Washington, DC (901 15th St NW). Subsequent 2-Day Launch Camps will be offered in late October and early December.

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SEED SPOT is nationally ranked by Gust as one of the Top 20 Accelerators in the World and in 2015 was named by Cisco & UBI Global as one of the Top 3 Social Impact Incubators in the United States. SEED SPOT runs two impact areas: Communities and Schools. SEED SPOT Communities supports local ecosystems empowering adult entrepreneurs through two programs: the 2-Day Launch Camp and the Impact Accelerator. SEED SPOT Schools empowers high schools to teach social entrepreneurs with Explore: Intro to Impact-Driven Entrepreneurship and Build: Designing an Impact-Driven Business.

SEED SPOT also won a 2016 Emmy for their partnership with Univision supporting Latino entrepreneurs through Véndeme tu Sueño. With a mission to educate, accelerate, and invest in the dreams of social entrepreneurs, SEED SPOT supports entrepreneurs building products, services, and technologies that improve lives or communities. For more information, visit: http://www.seedspot.org/.

About Booz Allen

For more than 100 years, business, government, and military leaders have turned to Booz Allen Hamilton to solve their most complex problems. They trust us to bring together the right minds: those who devote themselves to the challenge at hand, who speak with relentless candor, and who act with courage and character. They expect original solutions where there are no roadmaps. They rely on us because they know that—together—we will find the answers and change the world.

We solve the most difficult management and technology problems through a combination of consulting, analytics, digital solutions, engineering, and cyber expertise. With global headquarters in McLean, Virginia, our firm employs approximately 24,600 people globally, and had revenue of $6.17 billion for the 12 months ended March 31, 2018. To learn more, visit http://www.boozallen.com/.  (NYSE: BAH)